With most industrial companies either amid digital transformation initiatives or planning their roadmap toward digitization, advanced PLM solutions are now considered a core technology for managing smart, connected, and complex product development processes in the digital age.
To help understand this technology and market, Quadrant Knowledge Solutions has issued its 2022 Spark Matrix for PLM solutions. According to the Spark Matrix, “PTC, with the robust functional capabilities of its PLM platform, has secured strong ratings across the performance parameters of technology excellence and customer impact and has been positioned amongst the technology leaders in the 2022 SPARK Matrix of the PLM market.”
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